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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - March 13, 1971, Lethbridge, Alberta Booze is big business Business Talk JIM MAYBIE �pVERYBODY knows booze is big business in Leth-bddge and Alberta. A study of the 46th annual report of Uie Alberta Liquor Control Board is a real eye-opener and the following figures show just how well the government did in the mind-numbing business. Liquor and beer sales in the province during the year totalled $140.5 milUon; cost of the jiquid was $86.2 million resulting in gross profit of $54.3 million. Subtract operating expenses of $8,8 million and the board realized a net profit of $45,461,210.    Liqiuor sales for the year ended March 31, 1970 were $85 3 million and liquor costs were $43.3 million, resulting in gross profit of $42 million. Beer sales totalled $55.2 million and costs were $43 million, resulting in a gross profit of $12.2 million.  ' * * Note that the gross profit on liquor is about half of sales while with beer the gross profit is about 22 per cent of sales. Net profit for the 1969-70 year was $5.6 million higher than the previous year, due largely to higher volume sales. The sale of beer, ale and stout increased to 23.9 million gallons, up 1.'7 mlllipn gallons. The 37,500 gallons of cider sold was up by 9,000 gallons. The 1.6 million gallons of v;ine and vermouth sold was an increase of 260,000 gallons- The 74,300 gallons of liqueurs sold was 14,000 gallons. The 1.9 million gallons of spirits sold was up by 154,000 gallons. There were 6.5 gallons of beer, ale and stout sold for every gallon of all other liquors put together. The cash value of sales to licensees was: hotels, $25 million; dining lounges and lounges, $6.7 million; clubs, $3.1 million; canteens, $1.3 million; for total sales of $36.2 million. up $4.6 miUion from the previous yea-. * *  At Mardi 31, 1970 there were 424 beverage room and beer vendor's licences in force in hotels. During the year there were 102 club beer licences issued, 44 club liquor licences, 46 canteen beer licences, 44 canteen liquor li-cncs, 156 dining loung licences, 120 lounge licences while 112 dining lounges and lounges were authorized to provide entertainment. *  * Diu'ing the year six hotels had their licences suspended, none in the south, for selling beer to a minor; using excessive and unnecessary force in restraining a patron from entering a beverage room; and unsatisfactory supervision and control or conduct of the beverage room-Increasing the price of resale permits to $5 from $1 and banquet permits to $2 from $1 was largely responsible for the increase revenue from pei* m i t sales. Revenue for the year was $98,935 compared with $34,783 the previous year, an increase of $64,152. There were 18,304 resale permits sold and 17,727 banquet permits compared with ie,525 resale and 15,864 banquet permits the previous year. The board had 928 employees at the financial year end. There were six brewers' licences issued with Sicks' Leth-bridge Brewery Ltd. receiving Licence No. 2. Two wine manufacturers and one distiller were licensed. *   In Lethbridge booze sales totalled $5,378,514 resulting in a net profit for the board of $1,-642,654. The North store had liquor sales of $832,751, beer sales of $227,721 for total sales of $1,-060,472. The booze cost the board $599,709 and operating expenses totalled $59,878 for a net profit of $400,884. The South store had liquor sales of $1,855,268 and beer sales of $498,450 for total sales of $2,353,719. The liquid cost $1,-329,164 and operating expenses totalled $160,334 for a net profit of $864,219.    Beer sales from other than the liquor stores totalled $1,-964,323; cost of beer was $1,-528,970 and operating expenses of $57,800 for net profit of $377,-551- Of the board's operating expenses, salaries totalling $5 million was the highest single item Salaries paid Lethbridge employees totalled $156,144. It would be interestmg to know the total amount spent on beer and liquor by individuals in the province, but those figures are not available. The sales figures mentioned in this column are those of the board only. Hotels, loui^es and clubs, which buy their stocks from the board, also make good profits on the sale of booze.   * Another set of figures that would be intere-rtiing to see, on the other side of the ledger, but which would be impossible to tally, are the costs of alcohol abuse and alcoholism. If heartbreaks, damaged brains, broken families and the host of other problems to wWch alcohol can contribute could have a dollar figure attached, there's no doubt in my mind it would considerably exceed the sales volume of booze. If alcohol causes no problems, why does the province have a division of alcoholism? Why were 945 persons on the interdict list last year? Why are there institutions for treating alcoholics? Why do the jails and mental hospitals have so many inmates with alcohol problems? Following is a table of liquor and beer sales and the net profit made by the board in south-em Alberta communities. COMMUNITY IIQUOR Blairmore ............... 247,742 Bow Island .............. 84,166 Brooks ................ 414,687 Claresholm .............. 240,923 Coleman ............... 116,010 Foremost ............... 73,653 Fort Macleod ............ 352,413 High River .............. 246,036 lethbridge .............. 2,688,019 Medicine Hat ............ 1,591,147 Milk River .............. 91,903 Nanfon ................. 129,076 Pincher Creek ............ 274,354 Taber .................. 256,909 Vauxhall ............... 92,002 Vulcan ................. 172,892 Woterton Park ........... 79,415 TOTAL SOUTH ALBERTA ... $ 7,151,347 Calgary ................ 25,067,518 Edmonton ............... 28,629,615 - SALES BEER TOTAL NET PROFIT 305,754 553,497 143,378 23,904 108,071 32,313 125,600 540,288 195,980 56,068 296,992 '06,256 44,030 160,041 50,508 19,042 92,695 26,952 81,127 433,541 156,750 52,841 298,878 107,549 2,690,494 5,378,514 1,642,654 1,244,008 2,835,156 890,391 30,012 121,916 37,080 25,920 154,996 55,791 70,274 344,628 122,479 99,889 356,798 116,258 37,299 129,302 39,110 34,539 207,431 69,026 28,020 107,435 31,450 % 4,968,821 $12,120,168 $ 3,823,925 16,639,037 41,706,555 13,651,877 22,904,024 51,533,639 16,285,453 B of M revenue decreases MONTREAL (CP) - The Bank of Montreal has reported a balance of revenue of $21,913,000 or 64 cents a share in the first quarter ending Jan, 31, compared with $28,606,000 or 84 cents a share in the corresponding period last year. G. Arnold Hart, chairman and chief executive officer, said this represented a 23-per-cent decrease compared with the corresponding quarter last year but a 17-per-ent increase over the immediately preceding quarter ended Oct. 31, 1970. Balance of profit for the last quarter was $10,510,000 or 31 cents a share compared with $13,632,000 or 40 cents a share in the first quarter of the previous fiscal year. Revenues totalled $174,257,000, a decrease of 2.7 per cent froni the $179,052,000, and expenses totalled $152,344,000, an increase of 1.3 per cent from the $150,446,000. Dividends By THE CANADIAN PRESS Federal Grain Ltd., 10 cents. May 1, record April 16. Loblaws Groceterias Co. Ltd.. $1.50, April 1, record March 18. Loblaw Co. Ltd-, class A and B 9^ cents, both April 1, record March 18. Zeller'8 Ltd., common seven cents; 4% per cent pfd., 56y4 cents, both May 3, record April 1. Mclntyre Porcupine Mines Ltd. Coal Division REQUIRES 1. MINE SURVEYORS Successful appllconts v/ill have a minimum of 12 months experience underground in operating transits, levels and making co-ordinafe lorveys. 2. HEAVY DUTY MECHANICS A minimum of four years experience required to effectively maintain heavy equipment including D7 and D8 Cats. Journeyman status preferred. 3. COAL MINERS Experienced underground coal miners with a minimum of six months experience. Excellent employee benefits. Located near the new tov/r� of Grande Cache, 90 miles northwest of Hinton. For more information please apply to; Mr. B. Roberts industrial Relations Superintendent Mclntyre Porcupine Minei Ltd. Box 2000, Grande Cache, Alberta HAY AGENCIES LTD. Appointment HAY AGENCIES LTD., College Mall, Lethbridge, Alberta is pleased to announce that Harry Pratt has ioined the Residential and Commercial Deportment os a Sales Consultant. Horry has many friends from his twenty years in Lethbridge in the automobile and Real Estate sales, and would ask them, along with anyone needing assistance to call on him. Residential Sales during the month of February totalled $237, 000. at HAY AGENCIES LTD. Now would be the time to list your home with Harry Prott. HAY AGEHCIES LTD. Stocks surge in week By ART JOHNSON Canadian Press Staff Writer A drop in lending rates powered Canadian stock markets in a sharp drive upward this week The Toronto Stock Exchange's industrial index, a key indicator oi market movement, advanceo .82 to 17912. It was the market's third con^ secutive weekly advance. At the Montreal and Canadian exchanges, the composite index rose 1.61 to 178.14. Markets made their sharpest advance on Tuesday when the Toronto Dominion Bank announced reductions in its mortgage-lending rates. The bank's conventional mortgage rate for single-family dwellings and semi-detached homes was cut to QVi per cent from 9% per cent. National Housuig Act mor-gage rates droi^>ed to 8% per cent from nine per cent, COT RATE EARLIER The reductions put the bank's rates in line with those of the Royal and Nova Scotia banks, which announced cuts earlier in the month. Canadian markets during the week outperformed the New York Stock Exdiange. The Dow Jones average of key industrial issues advanced a weak .34 of a point to 838,34. The average stopped below 900 after a three-month rally that petered out in mid-February. Prices rose Thursday, bringiing the average to within about half a point of the 9Q0 level, but the New York market faltered Friday. The Ohase-Manhattan Bank oS New York reduced its prime rate Thursday to 5Vi per cent from sy* per cent. The move sparked reductions by other U.L*. banks. Prime rate is the interest charged on loans to a bank's favored customers. HOME SUSPENDED Shares of Home Oil Co. Ltd. and Cygnus Corp. Ltd. were suspended from ti-ading Friday on major Canadian exchanges. ITie federal government announced that it was negotiating with president R. A. Brown of Home to purchase a majority interest in the company. Mr. Brown controls Home through Cygnus Corp. of Calgary. On index at Toronto, base metals were up 2.81 to 93.85 and golds 1.23 to 183.63. Western oils lost .99 to 206.53. Volimie wa5 13.64 million shares, up from 11.01 million last week. At the Montreal and Canadian exchanges, combined volume was 4.38 million shares, down from 6.23 million last week. Gains oiitmmibered losses 216 to 163 with 117 issues unchanged. Bond prices Supplied by DoUerty Koadfaouse and McCualg Bros. GOVIRNMENT Ot CANADA tONDI GOVERNMtNT Of CANADA eUARANraiD lONOS Ce,i. Not. �Mrr. Bid Ashtrf 6 % 41/4% 5y2% 8 % 4V2% Perp. 6'/2% 7%% 51/4% Apr. 1, '71 Sept 1, '72 Oct. 1, '75 Jul 1, '78 Sept. 1, '83 3 % Sep. 15 Apr. 1, '75 Jul. 1, '75 Sep. 1, '92 100.00 99.40 101.00 109.00 82.75 40.00 104.12 106.50 86.50 PROVINCIAl Alberta Ontario Ont Hyd N Bruns Nfld N. S. Quebsc Alberta Man Hyd 8 % Sask S%% Nfld 9%% AGT 8 % Man Tel 8 % 8%% 7 % 9 % 9%% 8 % &Vz% 7%% 878% '90 107.00 '86 98.00 '94 110.00 '90 109.00 '74 100.00 '92 86.00 '74 100.00 '90 108.00 '91 101.50 '90 107.00 '90 107.00 '74 102.00 '74 102.00 INDUSTRtAl Alta G T 9Vi% Alcan 9%% B.C. For 93/4% B.C. Tel 91/8% BeU Tel 9y8% Bel Tel 9%% CPR 83/4% CP Sec 9?8% Cdn Util 9%% CMHC 9%% Gulf Oil 8%% Inter Prov 9%% 90 104.00 '91 105.00 '92 101.00 '90 99.50 '79 104.00 '93 106.00 '89 102.50 '90 102.00 '91 102.00 '90 103.00 '90 103.00 '90 105.00 99.60 101.50 109.75 83.25 43.00 104.62 107.00 87.50 97.00 112.00 111.00 102.00 89.00 102.00 102.50 109.00 104.00 104.00 105.00 107.00 103.00 100.50 106.00 108.00 104.50 105.00 106.00 105.00 107.00 Massey 9%% Koranda 9y4% Int Nick 9y4% N and C G 9%% Steel Cdn 9y4% Tr Cdn P 9%% Tr Cdn P 10% '80 100.00 '90 103.00 '90 105.00 '91 103.00 '90 105.00 '90 103.00 '90 105.00 CONVERTIBUI Alta G T 7%% '90 77.00 Cons Gas 5%% '89 123.00 Scur Rain 7y4% '88 95.00 Tr C P 5 % '89 88.00 WC Tr E 5%% '88 90.00 WC Tr 7%% '91 113.00 Dynasty 7 % '82 60.00 Acklands 7^4% '88 77.00 102.00 105.00 107.00 105.00 107.00 105.00 107.00 82.00 125,00 97.00 90.00 92.00 114,00 70,00 82.00 $75,000 permit to packers Only one major bulling permit was taken out during the week ending March 12. Kenwood Engineering Con^ struction Ltd. was issued a $75,000 piermit for an addition to the Canada Packers Ltd. plant at 3939 1st Ave. S. Five other permits valued at more than $10,000 were issued by the city hall building department. All were for single-family residences; their total was $85,000. Soturday, March 73, 1971 - THE LETHBRIDGE HERALD - 25 Medical faculty post taken by deputy inimster FREDERICTON (CP) - Dr. J. Graliam Clarkson is resigning as New Brunswick's deputy health minister to accept an appointment to the medical faculty of the University of Al-bCTta, it was announced Friday. Dr. Clarkson, who came to New Brunswick from Saskatchewan in 1967, said in an interview he is "looking forward" to bis new position but is "quite sad" to leave behind the people he had come to know in New Brunswick. He said he had come to the province because he felt there was a gi^eat deal of work he could do in the health d^art-ment. "I came to make some contribution, even though I realized I would be here for a limited period of time." PRAISES PREMIERS He had words of praise for former premier Louis J. Robi-chaiid and the current premier, Richaird Hatfield. "Politics apart, I have a very high regard for Louis Robi-chaud. His leadership has been remarkable and has helped the province become unique for its advances in welfare." He also said he has "great respect" for Mr. Hatfield. Gold prices LONDON (AP) - Friday's closing gold prices m U.S. dollars an ounce: London 39.10 Paris 39.30 Frankfurt 39.12 Zurich 39.10 Hong Kong 40,14 Beirut $1,255 a kilo "Mudi of what has been set out to accomplish in health and welfare has been accomplished," he said. Before coming to New Brunswick, Dr. Clarkson was deputy public health minister is Saskatchewan. Net earnings By THE CANADIAN PRESS Husky Oil Ltd., year ended Dec. 31: 1970, $6,974,000, 67 cents a share; 1969, $7,865,000, 76 cents. Pembina Pipe Line Ltd., year ended Nov. 30: 1970, $2,830,759: 1969, $2,518,262. Silverwood Industries Ltd., 40 weeks ended Jan. 3: 1971, $1,466,225, $1.09 a share; 1970, figures not available. British Columbia Packers Ltd., year ended Dec. 31: 1970, $1,886,020, $3,17 a share; 1969, $l,?[)6,e88, $2,87. H. H. Smith Ltd. Customs Broker EDMONTON t I ; CALOARy , 263-80501 \ _ .\LETHBB10Ce �|N0�OATE COHTTS Phen* 344-3823 Crossword - George v. Frank ^OR HEAVEN'S SAKE ACROSS 1 Largest . planet. S Submarine missile. IS Sea Qod. 22 Branch of morphology' 23 Milky Iridescence. 24 Old Italian country. 26 Turkish adminlstra. tive division. 26 Silent per-formance. 27 Muslim festivals. 28 College frau 29 Shear off. Si Barracudas. 32 U. S. Island. 33 Pec;�i. 34 Spell. 36 Plankton collecting device. 38 Danish coin, 39 Soft soapy mineral. 40 Regulation. 41 Columnist Rowland -. 43 Negative of being. DOWN 4S Variable 76 Share 108-: Romero. star in Ceti. equally. Ill Red planet. 46 Baffling. 77 Arachnid. 112 Celestial question. 78 Constella- object. \7 Expose to tion. 114 Outmost fresh air. 80 Polecat used planet. 49 Vietnamese for huntinfl. lis Swedish name. 81- letter. measures. 50 Faults. 82 Melody. 116 European 51 Straw rug. 83 Ponder. capital. 52 Planet near. 84 Afferent, 117 Vehicle. est the sun. 85 Mortap- 118-the Red. 54 Counterfeit. trays. 120 Land unit. 55 Indian port. 86 Astronomy 121 Breakdown. 59 Haunch. instrument. 122 Music 62 Sultanate 88 Mpngrel. softener. In Arabia. 89 Door 123 Danish as- 63 Time of fastener. tronomer. earth's orbtt. 90 Direction. 125 Early bard. 64 Set 91 Bluish star. 127 Wolframite, standard. 92 Misfortunes. 128 Mineral li> 65 - old cat. 93 Earth's sis- crystals. 66 Feminine ter planet. 130 Atomic name. 95 River In metal. 68 Second- Scotland. 132 Ipecac stringer. 96 Instructive alkaloid. 69 Science of examples. 134 Canadian celestial 98 Joint. city. bodies. 99 Telescopic 135 Brisk rides. 71 Post. astronomer. 136 Academic 72 Antlered 101 Girl. board tviamrna.. 102 Great members. 74 Biblical Barrier-. 137 Pluckier. name. 103 Cotton -. 138 Red star. 76 Stir. 104 Moray trap. 139 Ateliers. 1 East Indian 15 Gaseous 40 Island near �9 surname of mint leaves. cloud in Timor. English as- 2 Producing Milky V/ay. 42 Watch post. tronomers. together- 16 Small South 44 Negative 60 Phonetic ness. African vote. feature: 8 Site of olant antelope.. 45 Smaller 61 Stars in 86-A. 17 Arrange blastomere. Taurl. 4 Town In � demurely. 45 Date tree. 63 European �Paraguay. 18 Caucasian 48 Blackboard river. S Playthings. wild goat. cleaner. 64 Flaring star. 6 Correct. 19 Planet with 50 Ely high. 51 Girl's name. 67 -Ababa. 7 Steller's satellites.. 69 TrieHnlc sea cow. 20 Town on the , S3 Old city in feldspars. 8 Seed Nile. Swlterland. 70 Intersection capsule. 21 Island with 54 Chief city of of double 9 Musical - gigantio a country: stars. composition. statues. var. 71 Swampland: 10 Satirize. 30 Throw out 55 Arrive. 73 Contraction. 11 Victoria's of kilter. 56 Mine 74 "The Diary consort. 32 Needlefish. railway. of - Frank, 12 Lariat. 35 Hindu land 67 Whole of 75 Fowl, 13 Business grant. creation. 78 Assembly abbrevia- 37 Earth. 58 Means of hall. tion: pi. 39 Pluck a communi- 79 Unruly hair 14 Adjust. banjo. cation.- locks. Diagramless 21X 21, by Bert Bcaman ACROSS 1 Endorse- 20 Asian hot ments:'st� spot in the 4 Gist. news. 6 Audibly. ' 22 Edged. A Audible. 23 Adornment. 11 Dress part. 25Numerica' 12 Wanderer. prefix. 14 Measure: 26 Lampreys. abbr. 27 Elongate. (7 Nines. 29 Gullible ones 18 G.I. wall 31 Nursery embellish- Item, ment. 34 Pester. 35 Musical group. 36 Departed. 37 Sixth cense: abbr. 38 Bale out: dial, 40 Prepares. 42 To -. 45 Aware of: 47 Highway expenses. 48 Brooks Robinson, for one. 51 Nautical direction. It. 53 More concise. 54 Government agents. 65 Wake up. 56 Metrical foot. 67 Verb ending. 59 Pub order. 60 Deer. 62 Remove weapons. 64 Poetry. 65 Formosa Strait Island. 66 Jousting, 69 Tramp. 80 Switch to punish, children. 82 Second-yeap sheep. 84 Very small antelope. 86 To watch over. 87 Music staff character. 70 Rodents, 72 Color. 74 Bird of prey. 76 African native. 76 Make Into law. 78 Debate. 79 Bird, 80 Reconnotter. 82 Person, 83 Girl's name. 85 Wind dir. 86 Banshee country. 87 Snoop. 68 Storage basements. 91 - dire. 93 Concert waltz. 94 Ooze. 97 Sirius, e.g. 98 American composer, 99 District of India. DOWN 1 W, War II initials. 2 Drying chamber. 3 Porch. 5 Damp. 6 Flies. 7 Meat cut. 8 Question marks, 10 Europeans. 11 Rings. 13 Conduit 100 Earthenware jap, 102 Uncommon. 103 More shrubby. 105 Italian composer. 106 Strait east of Italy. 107 Like open-end shoes. 14 Pressure groups. 15 Flower. 16 Building site. 17 At -of (responsible for). 19 Omen. 21 Built for leaping. 22 Half: pref, 24 Arlkaras, 28 Relative of a yardstick. 30 Fire. 108 Diamond weights, 109 Hawaiian grass. 110 Ringed planet. 111 Shooting star, 112 Amounts, 113 Kitchen utensils. 31 Cooking Instruction, 32 Hotels, 33 Egyptian deity. 36 Greek physician. 39 To-� 41 Part, 42 Concerning, 43 Space probe objective, 44 Capable of being changecf.- 116 City In Montana. 117 Wild goose, 119 Edmund Halley's discovery. 122 Mod skirt, 123 Wheat coats. 124 Branch of the Seine. 126 Pagoda eit/ in Burma. 129"Winkin', Bllnkin', and -." 130 Genus of fiddler crab^ 131 Author's copy: abbP4 133 Spread hay. 46 Campus sight: abbr. 49 Noun suffix: pi. 50 List. 51 Dry. 62 Cornbread. 65 Overseas address. 68 Spanish title; abbr. 61 Western Indian. 62 American Japanese. 65 Big wheel. 67 Sisters. 68 Beautify. 69 The -, European capital. 71 Arabian garment. 73 School: Fr. 74 Greek god. 77 Flower. 78 Idiot. 81 Area: abbr. 84 French marshal. SOLUTIONS OF LAST WEEK'S Pl)Z2Xt3 aaaiiB mia iDDaaia uiiBa &Qim auati aoiEiBiaoaHiaBQattnBiBiiBB lanmaa nHBia sdieicib Eirania bod iddgi BaBHa BDCl BBB___ EI^EIlEliaEl CICiaBDDil iSCIfaEIEIglS amininaiiia laQiiaGMnQa DciinEiiagii aBiiiiiaaaii aaDioiaBO] DBDiDBaD imm� vm\a rataao iianBD ebu ama jstaiia QDiioig bbb iiiEiiiaiiUiniiiisiiia oiniaiiD nuaiaicB CRYPTOGRAMS I.PKOSSOKE JWRBP ABRGI ICG JVAM JCMIGONKTT, EOGWIGONKU BCVWUK'S lOKU UOGNBSOCKA ICO NKUOKE NKU. -By Catherine Emraens EininRiiao onEngEi qeudbci kbeb EiiiaEi EiiaiGiHS moEiQia BDUiiauo mam enaaona Baam Euauaiits bob maBB bddbh geiddceidiis QQQDB aOBOB DGinQElGlBliiiaia iaBBi'''BBBiS''BBi'^ei9Dli'^BDe nOQ QIDClBa BDDD BBB BBDE ramianooB niiciBEiBii! eiisdobce ItliaBBtaBEl DdHElBBEl ElOElGIBIiE HiannnBH BHEDPHig beebbe tCHAR ISN SEDANSUUMP ISCHAR SJiDANISDUMP. -By Nathan W. Harris Last Week's Cryptoerams 3. Jet.agc irony: alabaster cities' pray smop obscnrcs purple ttio^intains' majesty, 2. English appthecaries love advertising: "prescriptions dispensed." 3. Feral lion favors loins ol veal. r Field Enterprises, Inc., 1971 ;